Toro Financial Statements From 2010 to 2025

TORO Stock   2.33  0.01  0.43%   
Toro financial statements provide useful quarterly and yearly information to potential Toro investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Toro financial statements helps investors assess Toro's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Toro's valuation are summarized below:
Gross Profit
55.4 M
Profit Margin
0.6506
Market Capitalization
44.7 M
Enterprise Value Revenue
0.1769
Revenue
80.6 M
We have found one hundred twenty available fundamental trend indicators for Toro, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Toro's current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 19th of March 2025, Enterprise Value is likely to grow to about (80.9 M)

Toro Total Revenue

80.53 Million

Check Toro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toro's main balance sheet or income statement drivers, such as Tax Provision of 606.1 K, Net Interest Income of 2.2 M or Interest Income of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.94, Dividend Yield of 0.009 or PTB Ratio of 0.32. Toro financial statements analysis is a perfect complement when working with Toro Valuation or Volatility modules.
  
Check out the analysis of Toro Correlation against competitors.
To learn how to invest in Toro Stock, please use our How to Invest in Toro guide.

Toro Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets216.2 M354.3 M157.8 M
Slightly volatile
Short and Long Term Debt Total9.1 M4.7 M14 M
Slightly volatile
Other Current Liabilities3.2 M3.9 MM
Slightly volatile
Total Current Liabilities7.8 MM7.2 M
Slightly volatile
Total Stockholder Equity198.3 M340.8 M139 M
Slightly volatile
Property Plant And Equipment Net77.1 M79.8 M102.2 M
Slightly volatile
Current Deferred Revenue343.2 K279 K488.6 K
Slightly volatile
Accounts PayableM3.7 MM
Slightly volatile
Cash187.4 M178.5 M38.9 M
Slightly volatile
Non Current Assets Total130.9 M164.4 M117.4 M
Slightly volatile
Non Currrent Assets Other4.9 M4.3 M2.7 M
Slightly volatile
Long Term Debt3.3 M3.5 M11.1 M
Slightly volatile
Cash And Short Term Investments187.4 M178.5 M38.9 M
Slightly volatile
Net Receivables6.9 M4.8 M4.7 M
Slightly volatile
Common Stock Shares Outstanding37 M56 M18.6 M
Slightly volatile
Liabilities And Stockholders Equity216.2 M354.3 M157.8 M
Slightly volatile
Non Current Liabilities Total3.3 M3.5 M11.1 M
Slightly volatile
Inventory222.8 K234.5 K2.5 M
Slightly volatile
Other Current Assets6.7 M6.3 M1.6 M
Slightly volatile
Total Liabilities13 M10.6 M18.3 M
Slightly volatile
Net Invested Capital219.7 M209.2 M51 M
Slightly volatile
Property Plant And Equipment Gross82.1 M84.7 M106.5 M
Slightly volatile
Short and Long Term Debt1.8 M1.2 M2.6 M
Slightly volatile
Total Current Assets199.4 M189.9 M47.5 M
Slightly volatile
Net Working Capital189.9 M180.9 M40.3 M
Slightly volatile
Short Term Debt1.8 M1.2 M2.6 M
Slightly volatile
Common Stock16.3 K17.1 K78 M
Slightly volatile
Other Stockholder Equity68.9 M65.6 M12 M
Slightly volatile
Capital Stock144.4 M137.6 M25.1 M
Slightly volatile

Toro Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision606.1 K559.7 K317.9 K
Slightly volatile
Interest Income3.5 M3.4 M624.5 K
Slightly volatile
Depreciation And Amortization7.2 M8.5 M5.3 M
Slightly volatile
Interest Expense757.7 K1.1 M509.3 K
Slightly volatile
Selling General Administrative6.5 M6.2 M1.9 M
Slightly volatile
Total Revenue80.5 M90.2 M44.5 M
Slightly volatile
Gross Profit38.2 M61.2 M12.8 M
Slightly volatile
Other Operating Expenses55.7 M67.2 M37.8 M
Slightly volatile
EBITDA194.2 M185 M39.5 M
Slightly volatile
Cost Of Revenue30.8 M22.7 M30.6 M
Pretty Stable
Reconciled Depreciation6.8 M8.4 M4.7 M
Slightly volatile
Income Tax Expense556.2 K403.3 K296.5 K
Slightly volatile
Selling And Marketing Expenses2.8 M3.2 M3.5 M
Slightly volatile

Toro Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Change In Cash136.6 M130.1 M30.3 M
Slightly volatile
Depreciation6.6 M7.9 M4.7 M
Slightly volatile
Capital Expenditures49.2 M65 M95.2 M
Slightly volatile
End Period Cash Flow187.9 M178.9 M39.6 M
Slightly volatile
Other Cashflows From Investing Activities74.6 M141.4 M31.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.941.111.1425
Slightly volatile
Dividend Yield0.0090.01010.011
Slightly volatile
PTB Ratio0.320.290.333
Slightly volatile
Days Sales Outstanding38.5122.145.5273
Slightly volatile
Book Value Per Share12.0117.2712.2043
Slightly volatile
Average Payables859.6 K967.1 K1.1 M
Slightly volatile
Stock Based Compensation To Revenue0.0130.01460.0159
Slightly volatile
Capex To Depreciation14.5512.1524.1055
Slightly volatile
PB Ratio0.320.290.333
Slightly volatile
Inventory Turnover46.5587.1725.6457
Slightly volatile
Days Of Inventory On Hand4.124.3330.606
Slightly volatile
Payables Turnover8.659.147.1076
Slightly volatile
Sales General And Administrative To Revenue0.03130.06140.034
Slightly volatile
Average Inventory461.6 K519.4 K566.2 K
Slightly volatile
Capex To Revenue1.741.063.0852
Slightly volatile
Cash Per Share9.59.052.4571
Slightly volatile
Payout Ratio0.00480.00550.0059
Slightly volatile
Days Payables Outstanding43.5741.513.5667
Slightly volatile
Income Quality0.440.462.4481
Slightly volatile
Current Ratio19.8618.915.6252
Slightly volatile
Tangible Book Value Per Share12.0117.2712.2043
Slightly volatile
Receivables Turnover9.7817.098.8753
Slightly volatile
Graham Number41.8856.4344.1807
Slightly volatile
Shareholders Equity Per Share12.0117.2712.2043
Slightly volatile
Debt To Equity0.01920.02020.1247
Slightly volatile
Capex Per Share6.065.389.8351
Slightly volatile
Average Receivables5.9 M6.6 M7.2 M
Slightly volatile
Revenue Per Share5.344.573.9959
Slightly volatile
Interest Debt Per Share0.440.461.4711
Slightly volatile
Debt To Assets0.01850.01950.1054
Slightly volatile
Operating Cycle25.1226.4475.0395
Slightly volatile
Price Book Value Ratio0.320.290.333
Slightly volatile
Days Of Payables Outstanding43.5741.513.5667
Slightly volatile
Dividend Payout Ratio0.00480.00550.0059
Slightly volatile
Ebt Per Ebit1.351.181.5347
Slightly volatile
Company Equity Multiplier1.231.21.1812
Pretty Stable
Long Term Debt To Capitalization0.01420.01490.0907
Slightly volatile
Total Debt To Capitalization0.01890.01990.1088
Slightly volatile
Debt Equity Ratio0.01920.02020.1247
Slightly volatile
Quick Ratio19.8318.885.2721
Slightly volatile
Net Income Per E B T1.161.151.1443
Slightly volatile
Cash Ratio18.6717.784.4491
Slightly volatile
Days Of Inventory Outstanding4.124.3330.606
Slightly volatile
Days Of Sales Outstanding38.5122.145.5273
Slightly volatile
Price To Book Ratio0.320.290.333
Slightly volatile
Fixed Asset Turnover0.630.80.4233
Slightly volatile
Debt Ratio0.01850.01950.1054
Slightly volatile
Price Sales Ratio0.941.111.1425
Slightly volatile
Asset Turnover0.320.230.2716
Slightly volatile
Gross Profit Margin0.640.610.1528
Slightly volatile
Price Fair Value0.320.290.333
Slightly volatile

Toro Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap39.7 M68.4 M41.1 M
Slightly volatile

Toro Fundamental Market Drivers

Cash And Short Term Investments155.2 M

Toro Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Toro Financial Statements

Toro investors utilize fundamental indicators, such as revenue or net income, to predict how Toro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue279 K343.2 K
Total Revenue90.2 M80.5 M
Cost Of Revenue22.7 M30.8 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.06  0.03 
Capex To Revenue 1.06  1.74 
Revenue Per Share 4.57  5.34 
Ebit Per Revenue 1.57  1.65 

Pair Trading with Toro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Toro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Toro will appreciate offsetting losses from the drop in the long position's value.

Moving against Toro Stock

  0.76SB Safe BulkersPairCorr
  0.55SB-PC Safe BulkersPairCorr
  0.41SB-PD Safe BulkersPairCorr
  0.41DAC DanaosPairCorr
The ability to find closely correlated positions to Toro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Toro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Toro to buy it.
The correlation of Toro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Toro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Toro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Toro Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Stock:
Check out the analysis of Toro Correlation against competitors.
To learn how to invest in Toro Stock, please use our How to Invest in Toro guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toro. If investors know Toro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Earnings Share
2.88
Revenue Per Share
4.954
Quarterly Revenue Growth
(0.78)
Return On Assets
0.0692
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toro's market value can be influenced by many factors that don't directly affect Toro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.